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Assistant controller vs finance planning manager

The differences between assistant controllers and finance planning managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an assistant controller and a finance planning manager. Additionally, a finance planning manager has an average salary of $109,162, which is higher than the $91,447 average annual salary of an assistant controller.

The top three skills for an assistant controller include reconciliations, CPA and GAAP. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.

Assistant controller vs finance planning manager overview

Assistant ControllerFinance Planning Manager
Yearly salary$91,447$109,162
Hourly rate$43.96$52.48
Growth rate17%17%
Number of jobs58,643120,588
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 73%
Average age4646
Years of experience88

What does an assistant controller do?

An assistant controller is an individual who supports and reports to the corporate controller about all the organization's accounting-related activities such as managerial accounting and financial activities. Assistant controllers are instrumental in maintaining the accountability of the organization's financial resources and protecting the assets of its investors. They delegate data entry tasks with junior accounting staff and coordinate financial audits with the vice president and chief financial officer (CFO). The minimum educational attainment of an assistant controller is to obtain a bachelor's degree in finance or accounting related field.

What does a finance planning manager do?

A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.

Assistant controller vs finance planning manager salary

Assistant controllers and finance planning managers have different pay scales, as shown below.

Assistant ControllerFinance Planning Manager
Average salary$91,447$109,162
Salary rangeBetween $63,000 And $132,000Between $78,000 And $152,000
Highest paying CityStamford, CTSan Francisco, CA
Highest paying stateConnecticutDelaware
Best paying companyCloudflareMetropolitan Water District of Southern California
Best paying industryFinanceManufacturing

Differences between assistant controller and finance planning manager education

There are a few differences between an assistant controller and a finance planning manager in terms of educational background:

Assistant ControllerFinance Planning Manager
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant controller vs finance planning manager demographics

Here are the differences between assistant controllers' and finance planning managers' demographics:

Assistant ControllerFinance Planning Manager
Average age4646
Gender ratioMale, 49.8% Female, 50.2%Male, 69.8% Female, 30.2%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.1% White, 64.0% American Indian and Alaska Native, 0.3%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant controller and finance planning manager duties and responsibilities

Assistant controller example responsibilities.

  • Lead divisional capital management through ROI analysis on new products and other capital investments to maximize returns.
  • Facilitate the implementation of ERP system, which increase productivity in efficiently and effectively manage the functionality of the organization.
  • Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
  • Maintain timely and accurate general ledger account reconciliations, oversee treasury management, and handle fixed asset tracking and reporting.
  • Direct balance sheet and inter-company reconciliations according to GAAP and ensure compliance across accounting, payroll, and inventory management systems.
  • Oversee corporate financial internal controls including a complete re-write of all standard operating procedure documentation and supporting annual SOX audit work.
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Finance planning manager example responsibilities.

  • Manage international income tax, insurance and treasury functions.
  • Conduct evaluations of budgeting and forecasting tools and integration with PeopleSoft ERP system achieving more efficiency in the budgeting process.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Develop and assess profitability of product lines through interpretation of financial statements and KPIs.
  • report requirements collection/analysis, reporting system design, writing SQL, building reports . )
  • Partner with other developers and analysts on best practices in Essbase and QlikView design and development.
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Assistant controller vs finance planning manager skills

Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%
Common finance planning manager skills
  • Financial Analysis, 10%
  • Financial Planning Analysis, 8%
  • Financial Models, 7%
  • Financial Performance, 6%
  • Hyperion, 6%
  • Financial Data, 5%

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